The Hindu Business Line : Thursday, April 03, 2003

Bulls march ahead
Bulls are likely to have opportunity in as much as five counters. Selling opportunities are likely to exist in Reliance Industries and Tata Steel. More

STOCK MARKETS

Bharti Tele shares jump 11.5 pc
PURE investment play saw the share prices of telecommunication service provider Bharti Tele-Ventures Ltd (BTVL) jump up by almost 11.5 per cent on the BSE and NSE today. With rumours of the interconnectivity issue between Bharti Tele and ... More

Tata Chemicals perks up on SC verdict
THE Tata Chemicals stock saw a price spurt coupled with increase in traded volume on the major bourses today. At the close, the counter finished with a gain of 3.04 per cent following a favourable Supreme Court verdict over a Rs 400-crore tax ... More

Zee recovers on FII support
AFTER touching new lows recently, Zee Telefilms shot up sharply on Wednesday. The stock gained 12.43 per cent at Rs 73.70 with volumes of 17.91 lakh shares on the BSE. On the NSE, the media stock closed at Rs 73.90, up 12.65 per cent with volumes ... More

DERIVATIVES MARKETS

Tata Engg: Outlook negative; sell April futures
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Equity options Tata Engg: The outlook on this stock is negative. The downside price target is Rs 145. The risk is that the stock ... More

REGULATORY BODIES & RULINGS

SEBI paper seeks powers for SEs to penalise cos
A SEBI concept paper has suggested empowering stock exchanges (SEs) to impose financial penalties on companies not complying with listing agreements. According to the report of the Committee on Model Rules and Bye-laws of stock exchanges, ... More

COMMENTARY

Capital, consumer goods stocks shine
THE stock market appears to be gaining ground after a weak-long downtrend. The international markets too are pulling back after the loss in the previous week. The benchmark BSE Sensex rose 1.17 per cent to 3116.99 points. Traded volumes, ... More

IPOS

Power Finance Corpn IPO plan awaits Finance Ministry nod
POWER Finance Corporation (PFC), the wholly Government-owned Development Financial Institution (DFI), is expecting to enter the market with an Initial Public Offer (IPO) of around 10 per cent of its equity later this year. "We are awaiting the ... More

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